Downward wedge patterns have been noticed on July 13 for the stocks Chesapeake Lodging Trust Common Shares of Beneficial Interest, Belo Corp, WisdomTree Emerging Markets Equity Inc, Deltek, Inc, and The Babcock & Wilcox Company. The price range of these stocks is getting more narrow as the downward trend continues, thus signally the trend is losing steam. This sends a bullish signal to investors as the downward trend is ending.
Shares of Chesapeake Lodging Trust Common Shares of Beneficial Interest (CHSP) traded higher by 0.29% or $0.05/share to $17.03. In the past year, the shares have traded as low as $15.01 and as high as $19.54. On average, 140870 shares of CHSP exchange hands on a given day and today's volume is recorded at 29517.
Shares of Belo Corp (BLC) traded higher by 1.38% or $0.10/share to $7.33. In the past year, the shares have traded as low as $5.04 and as high as $9.27. On average, 1006180 shares of BLC exchange hands on a given day and today's volume is recorded at 373998.
Shares of WisdomTree Emerging Markets Equity Inc (DEM) traded higher by 1.55% or $0.92/share to $60.06. In the past year, the shares have traded as low as $45.97 and as high as $63.88. On average, 311410 shares of DEM exchange hands on a given day and today's volume is recorded at 149992.
Shares of Deltek, Inc (PROJ) fell by 0.26% or $-0.02/share to $7.65. In the past year, the shares have traded as low as $6.77 and as high as $8.68. On average, 48950 shares of PROJ exchange hands on a given day and today's volume is recorded at 25792.
Shares of The Babcock & Wilcox Company (BWC) traded higher by 0.60% or $0.16/share to $26.66. In the past year, the shares have traded as low as $20.75 and as high as $36.02. On average, 641230 shares of BWC exchange hands on a given day and today's volume is recorded at 332491.
